China's Yuan Slumps on Growth Worries

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Anjani Trivedi China's yuan fell to its weakest level against the dollar in more than two years on Friday, extending a decline driven by the prospect of a slowdown in the world's second-largest economy. Investors have been selling the ...

New Zealand ANZ February Business Confidence +34.4%; December +30.4%

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Rebecca Howard WELLINGTON, New Zealand--New Zealand business confidence pushed higher in February with firms' own activity expectations, employment and investment intentions all robust. "In cricketing parlance, New Zealand's innings is progressing nicely; there are runs on the board - ...

Japan January Industrial Output +4.0% On Month

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

TOKYO--Japanese industrial production rose 4.0% in January, the second straight on-month increase, data showed Friday, an indication that industrial activity is continuing its gradual recovery on the back of strong exports to Asia and the U.S. The rise compares with ...

Oil Rebounds Ahead U.S. Rig-Count, China Factory Data

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Eric Yep Crude-oil futures rose in Asian trade Friday ahead U.S. rig-count data due later in the trading day, and Chinese official manufacturing numbers expected over the weekend. On the New York Mercantile Exchange, light, sweet crude futures for ...

Asian Shares Mixed

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

A raft of data painting diverging pictures of Japan's economy capped gains for Japan stocks Friday, while in China, the yuan fell to its lowest level in months. The Nikkei Stock Average was up 0.4% after factory output grew sharply ...

Japan Inflation Continues to Slow

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

TOKYO--Japan's inflation rate slowed again in January to its lowest level in more than a year and half, as declining global oil prices continued to sap momentum from upward price pressure. Government data released Friday showed that on-year growth in ...

TiVo, Others Buy Scraps of Aereo at Bankruptcy Auction

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Sara Randazzo Aereo Inc., the defunct TV-streaming service that once promised to revolutionize the way consumers watch network television, was sold for parts this week to TiVo Inc. and other buyers at a bankruptcy auction. TiVo, the pioneering live-TV-recording ...

Dollar Falls From Overnight Highs

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Hiroyuki Kachi The dollar was lower against the yen and the euro in Asian trade Friday, with the greenback unable to extend overnight gains triggered by strengthening hopes for higher U.S. interest rates. Around 0450 GMT, the dollar was ...

Downgrade of Brazil Oil Giant Stirs Wider Concern

TODAY: Feb. 27, 2015 PUB DATE: Feb. 26, 2015

By Will Connors And Paulo Trevisani SÃO PAULO--A decision by a major credit-rating firm to downgrade to junk status the debt of Petróleo Brasileiro SA is stoking fears that Brazil's sovereign rating could be next. Moody's Investors Service late Tuesday ...

Downgrade of Brazil Oil Giant Stirs Wider Concern

TODAY: Feb. 27, 2015 PUB DATE: Feb. 26, 2015

By Will Connors and Paulo Trevisani SÃO PAULO--A decision by a major credit-rating firm to downgrade to junk status the debt of Petróleo Brasileiro SA is stoking fears that Brazil's sovereign rating could be next. Moody's Investors Service late Tuesday ...

Net trade surplus at SEK 3.5 billion in January

TODAY: Feb. 27, 2015 PUB DATE: Feb. 26, 2015

Statistical news from Statistics Sweden 2015-02-26 9:30 AM Nr 2015:540 Exports, imports and net trade balance, January 2015: Net trade surplus at SEK 3.5 billion in January In January 2015 Swedish exports of goods amounted to SEK 89.5 billion, while ...

Oil Drops as Markets Weigh Demand Signals, U.S. Supply

TODAY: Feb. 27, 2015 PUB DATE: Feb. 26, 2015

By Eric Yep Crude-oil futures fell in Asian trade Thursday, after strong grains in the previous trading session, as investors weighed indications of stronger demand and steadily rising U.S. oil supplies. On the New York Mercantile Exchange, light, sweet crude ...

Google Melds European Operations Under Single Executive

TODAY: Feb. 27, 2015 PUB DATE: Feb. 26, 2015

By Alistair Barr And Sam Schechner Google Inc. pulled its European operations under a single executive to better align the business with large customers and develop more unified responses to rising regulatory pressure in the region. Google said it merged ...

Italian Economy Ministry Sells 5.74% of Enel for EUR2.2 Billion

TODAY: Feb. 27, 2015 PUB DATE: Feb. 26, 2015

By Deborah Ball ROME--Italy's Economy Ministry said Thursday that it has sold 5.74% of electricity untility ENEL SpA (ENEL.MI) for EUR2.2 billion ($2.5 billion). The Italian govenrment is in the process of selling off some state-owned assets. The sale of ...

Ukraine Reverses FX-Purchase Ban

TODAY: Feb. 27, 2015 PUB DATE: Feb. 26, 2015

Ukraine's central bank abruptly reversed a far-reaching ban on foreign-currency purchases Thursday, one day after imposing the measures in an attempt to halt the hryvnia currency's free fall. In a decree published on its website, the National Bank of Ukraine ...

Correction to Iberdrola Story

TODAY: Feb. 27, 2015 PUB DATE: Feb. 26, 2015

Iberdrola, which is offering one share in its U.S. unit and $10.5 for each UIL share, said it plans to fold the New Haven, Connecticut-based firm into its local unit, Iberdrola USA.("Iberdrola Buys U.S. Power and Gas Distributor UIL -- ...

MARKET SNAPSHOT: S&P End Little Changed; Dow Ekes Out Record Close

TODAY: Feb. 27, 2015 PUB DATE: Feb. 26, 2015

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch Hewlett-Packard skids 9% after earnings miss NEW YORK (MarketWatch)--U.S. stocks ended Wednesday's choppy session virtually unchanged. But the Dow Jones Industrial Average eked out a small gain to close at a fresh record. ...

U.S. Durable-Goods Orders Rose in January--Update

TODAY: Feb. 27, 2015 PUB DATE: Feb. 26, 2015

By Josh Mitchell WASHINGTON--Demand for big-ticket manufactured goods rebounded last month, suggesting factories are poised to ramp up production after a winter lull. Orders for durable goods--products like refrigerators and cars designed to last at least three years--rose a seasonally ...

India Looks for Budget to Deliver on Promises

TODAY: Feb. 27, 2015 PUB DATE: Feb. 26, 2015

By Raymond Zhong NEW DELHI--Indian Prime Minister Narendra Modi's government releases its first full-year budget on Saturday amid concerns that the nine-month-old administration has so far promised much more than it has delivered in its campaign to revive the economy. ...